DYNAMIC CROSS-STANDARD COMPLIANCE COVERAGE

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Inventor(s)

DYNAMIC CROSS-STANDARD COMPLIANCE COVERAGE - A simplified explanation of the abstract

This abstract first appeared for US patent application 18086116 titled 'DYNAMIC CROSS-STANDARD COMPLIANCE COVERAGE

Simplified Explanation

The patent application describes an information handling system that creates and updates a compliance node environment to ensure adherence to regulations.

The memory stores the compliance node environment.
The processor generates the compliance node environment.
Upon receiving a compliance update, the processor stores it.
The processor determines compliance coverage for specific domains based on the update.
The processor then establishes complete coverage for the compliance type associated with the domains.

Key Features and Innovation

Creation and maintenance of a compliance node environment.
Real-time updates to ensure compliance with regulations.
Automated determination of compliance coverage for specific domains.
Establishment of complete coverage for compliance types.

Potential Applications

This technology can be applied in industries where regulatory compliance is crucial, such as finance, healthcare, and manufacturing. It can also be used in data security and privacy settings.

Problems Solved

This technology addresses the challenges of keeping up with evolving regulations and ensuring full compliance within specific domains. It streamlines the process of updating and maintaining compliance standards.

Benefits

Enhanced regulatory compliance.
Improved efficiency in managing compliance requirements.
Reduced risk of non-compliance penalties.
Real-time monitoring and updates for regulatory changes.

Commercial Applications

Compliance management software for businesses.
Regulatory compliance consulting services.
Data security and privacy compliance solutions.
Risk management tools for regulatory adherence.

Questions about Compliance Node Environment

How does the compliance node environment ensure real-time compliance monitoring?

The compliance node environment utilizes automated processes to update and maintain compliance standards, allowing for continuous monitoring and adjustments.

What are the potential implications of the compliance node environment for businesses?

Businesses can benefit from reduced compliance risks, improved efficiency, and better regulatory adherence through the implementation of the compliance node environment.

Original Abstract Submitted

An information handling system includes a memory and a processor. The memory stores a compliance node environment. The processor creates the compliance node environment. In response to reception of a compliance update, the processor stores the compliance update. Based on the compliance update, the processors determine a first compliance coverage for a sub-domain of a compliance type in the compliance node environment. Based on the first compliance coverage for the sub-domain, the processors determine a second complete coverage for the compliance type associated with the sub-domain.